Textile Exports In The First Half Showed A Trend Of "Before And After".

Affected by the slow recovery of the global economy and the low export base and the rising cost of raw materials and driving up the prices of some export products, the export situation of textile and clothing in China has warmed up in the first half of the year. The main export markets of the European Union, the United States, Japan and ASEAN have also picked up.

The second half is affected by many uncertainties.

According to customs statistics, in the first half of this year, China's total exports of textiles and clothing amounted to 91 billion 345 million US dollars, an increase of 22.26% over the same period last year, accounting for 12.96% of the total exports of the country.

In June, exports of textiles and clothing in the month of June were 19 billion 142 million US dollars, an increase of 33.77% over the same period last year, an increase of 13.2% over the previous year, an increase of 458 million US dollars compared to the peak before the financial crisis (up to 18 billion 684 million US dollars in July 2008), basically recovering to the level before the financial crisis.

The European Union, the United States and Japan are still the most important textiles and clothing in China.

Monthly export situation of China's major export markets from 2008 to June 2010 (US $100 million)

Source: China Textile Industry Association

Rapid growth of EU market

In the most severe months of the European debt crisis, Chinese textiles

According to the latest statistics from the European Union statistics bureau, in July 2010, the economic confidence index of the 27 European Union countries and 16 euro zone countries rose by 102.2 points and 101.3 points respectively, which was 1.9 points higher than that in June 2010 and 2.3 points respectively.

The economic recovery process of the European industrial sector is expected to continue in the coming months.

China's textile and clothing exports to the region continued to recover.

The US market is clearly recovering, {page_break}

In June, the retail sales of clothing products in the United States increased by 5.91% over the same period last year, reversing the three consecutive month of decline in March, April and May. In May, the stock of clothing products decreased by 5.40% compared with the same period last year. The decline was narrowed for 4 consecutive months, and the willingness to replenishment was increasing.

Under this situation, China's textile and clothing exports to the US market have obviously recovered in the first half of this year.

In 2010 1~6, China's textile exports to the United States amounted to US $4 billion 795 million, an increase of 34.77% over the same period last year, and clothing exports amounted to US $10 billion 197 million, an increase of 25.73% over the same period last year.

In the month of June, the total export volume of textiles and clothing reached US $3 billion 446 million, an increase of 29.56% over the same period last year, and a 16.57% increase over the same period.

Among them, textile exports amounted to 997 million US dollars, an increase of 9.76% over the same period, an increase of 2.25% over the same period, and a 2 billion 449 million increase in clothing exports, an increase of 19.81% over the same period last year, a 23.62% increase in the ring.

Replenishment is a short-term behavior, and it lacks support from consumers' purchasing power. Therefore, the growth rate of textile and clothing exports to the US in the second half of this year is expected to slow down.

Slow growth in Japanese market

In June, the retail market in Japan continued to slump, and sales fell 3% year-on-year, which is the 10 consecutive month of decline.

Sales of textiles and clothing also shrank, down 4.5% from a year ago, down 9 consecutive months.

Clothing prices fell by 0.5% in June because of the sluggish demand and the inability of clothing retail prices to rise.

Since the outbreak of the financial crisis, the Japanese market continued to slump, directly affecting China's exports to Japan.

In the first half of the year, China's textile and clothing exports to Japan did not increase significantly, showing a slow growth trend.

In 2010 1~6, China's textile exports to Japan amounted to US $2 billion 94 million, an increase of 10.79% over the same period last year, and clothing exports amounted to US $7 billion 870 million, down 0.72% from the same period last year.

In the month of June, the total volume of textiles and clothing exported to Japan amounted to US $1 billion 552 million, an increase of 15.66% over the same period last year and a decrease of 0.88% over the same period.

Among them, textile exports amounted to 367 million US dollars, an increase of 3.54% over the same period, an increase of 3.71% over the same period, and a 1 billion 185 million increase in clothing exports, an increase of 12.12% over the same period last year and a decrease of 2.22% over the same period.

It is expected that textile and garment exports will continue to grow slowly in Japan in the second half of this year.

ASEAN market growth significantly

Since the launch of the China ASEAN Free Trade Area in January 1st this year, the textile and clothing trade in China has been very active in the first half of this year, thanks to the preferential policies that China's textiles and dresses are allowed to enter the 10 ASEAN textile market.

In addition, for export enterprises, ASEAN can be processed locally and then exported to the European and American markets, which can effectively avoid trade friction, reduce trade risks and regain opportunities for development.

At the same time, trade with ASEAN can be traded in Renminbi, which will reduce the loss of exchange rate.

Therefore, it is conducive to China's textile and clothing exports to ASEAN.

In the first half of this year, China's textile exports to ASEAN amounted to US $4 billion 761 million, an increase of 47.04% over the same period last year, and clothing exports to ASEAN reached US $1 billion 892 million, an increase of 39.41% over the same period last year.

Textile trade between China and ASEAN countries is more focused on textiles such as yarns, cotton fabrics, chemical fabrics and so on.

In the first half of this year, nearly 72% of China's textile and clothing exports to ASEAN were exported to textiles, and exports to ASEAN exceeded Japan as the third largest textile export market.

The expected growth in ASEAN exports will last until the end of the year.

ASEAN textile and apparel exports totaled year-on-year